8430 HSN Code: Earth boring machinery

HSN Sub Chapter 8430 represents Earth boring machinery under GST classification. This code helps businesses identify Earth boring machinery correctly for billing, taxation, and trade purposes. With HSN Sub Chapter 8430, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import/export of Earth boring machinery.

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New GST Rate for HSN Code 8430

GST Rate for Earth boring machinery under HSN Code 8430. Understand current tax rates, exemptions, and legal classifications to ensure accurate billing and GST filing.

Chapter No

84

HSN Code

8430

HSN Description

Other moving, grading, levelling, scraping, excavating, tamping, compacting, extracting or boring machinery, for earth, minerals or ores; pile-drivers and pile-extractors; snowploughs and snow-blowers

New GST Rate

18 %
Standard

Old GST Rate

18 %

Tariff HSN Codes under HSN Sub Chapter 8430

Following tariff HSN codes fall under Earth boring machinery.

Tariff HSN

84301010

Description

Pile-drivers and pile-extractors : Pile-drivers

Tariff HSN

84301020

Description

Pile-drivers and pile-extractors : Pile-extractors

Tariff HSN

84302000

Description

Snow-ploughs and snow-blowers

Tariff HSN

84303110

Description

Coal or rock cutters and tunneling machinery: Self-propelled: Coal cutters

Tariff HSN

84303120

Description

Coal or rock cutters and tunneling machinery: Self-propelled: Tunneling machinery

Tariff HSN

84303190

Description

Coal or rock cutters and tunneling machinery: Self-propelled: Other

Tariff HSN

84303900

Description

Coal or rock cutters and tunneling machinery: Other

Tariff HSN

84304110

Description

Other boring or sinking machinery: Self-propelled : Tube well drilling and core drilling machinery

Tariff HSN

84304120

Description

Other boring or sinking machinery: Self-propelled : Petroleum and gas well drilling machinery

Tariff HSN

84304130

Description

Other boring or sinking machinery: Self-propelled : Rock drilling machinery

Tariff HSN

84304190

Description

Other boring or sinking machinery: Self-propelled : Other

Tariff HSN

84304900

Description

Other boring or sinking machinery: Other

Tariff HSN

84305010

Description

Other machinery, self-propelled : Mining machinery (excluding coal mining)

Tariff HSN

84305090

Description

Other machinery, self-propelled : Other

Tariff HSN

84306100

Description

Other machinery, not self-propelled: Tamping or compacting machinery

Tariff HSN

84306900

Description

Other machinery, not self-propelled: Other

India’s Trade Performance — HSN Sub-Chapter 8430 in FY 2024-25

TradeStat EIDB — Ministry of Commerce & Industry FY 2018-19–FY 2024-25 Values in ₹ Crore

India’s Exports

FY 2024-25

₹1,952 Cr

−38.79% vs FY 2023-24

0.0527% of India’s total exports

India’s Imports

FY 2024-25

₹2,952 Cr

+3.42% vs FY 2023-24

0.0484% of India’s total imports

Trade Balance

FY 2024-25

−₹999 Cr

Trade Deficit

Surplus rank #952 of 1233 subchapters

% of Chapter 84

FY 2024-25

0.69%

Share of Chapter 84’s total exports in FY 2024-25

Import side: 0.54% of Chapter 84’s imports

Rank Within Chapter 84

FY 2024-25

#30 of 86

Position by export value among subchapters in Chapter 84

Import-side rank: #41 of 86

At a glance

4.80%

Export CAGR

FY 2018-19 → FY 2024-25 · 7 fiscal years

#275

National Export Rank

of 1233 subchapters by export value, FY 2024-25

+198.97%

Peak Growth Year

FY 2023-24 · strongest single-year move

0.69%

Contribution to Ch. 84

Share of Chapter 84 exports in FY 2024-25

India Export-Import Trade Statistics for HSN Sub-Chapter 8430

7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.

FY 2018-19 Exp. Rank #227

Balance

−1,236.08

Exports

1,473.41 ₹ Cr

0.0642% share

— YoY

1.00% of Ch. 84

Imports

2,709.49 ₹ Cr

0.0755% share

— YoY

0.88% of Ch. 84

FY 2019-20 Exp. Rank #313

Balance

−2,307.86

Exports

854.53 ₹ Cr

0.0387% share

−42.00% YoY

0.58% of Ch. 84

Imports

3,162.39 ₹ Cr

0.0943% share

+16.72% YoY

1.03% of Ch. 84

FY 2020-21 Exp. Rank #310

Balance

−1,277.77

Exports

974.41 ₹ Cr

0.0453% share

+14.03% YoY

0.70% of Ch. 84

Imports

2,252.18 ₹ Cr

0.0773% share

−28.78% YoY

0.82% of Ch. 84

FY 2021-22 Exp. Rank #332

Balance

−2,138.18

Exports

1,199.13 ₹ Cr

0.0382% share

+23.06% YoY

0.63% of Ch. 84

Imports

3,337.31 ₹ Cr

0.0730% share

+48.18% YoY

0.89% of Ch. 84

FY 2022-23 Exp. Rank #368

Balance

−2,984.00

Exports

1,066.92 ₹ Cr

0.0295% share

−11.03% YoY

0.48% of Ch. 84

Imports

4,050.92 ₹ Cr

0.0705% share

+21.38% YoY

0.93% of Ch. 84

FY 2023-24 Exp. Rank #180

Balance

+335.90

Exports

3,189.72 ₹ Cr

0.0882% share

+198.97% YoY

1.28% of Ch. 84

Imports

2,853.82 ₹ Cr

0.0508% share

−29.55% YoY

0.60% of Ch. 84

FY 2024-25 Exp. Rank #275

Balance

−999.21

Exports

1,952.31 ₹ Cr

0.0527% share

−38.79% YoY

0.69% of Ch. 84

Imports

2,951.52 ₹ Cr

0.0484% share

+3.42% YoY

0.54% of Ch. 84

CAGR · 7-Year

Exports

4.80% /yr

Imports

1.44% /yr

Consistently Deficit
Chapter 84 total

reference, FY 2024-25

Export

₹2,83,259.46 Cr

Import

₹5,43,949.32 Cr

Trade Balance

−2,60,689.86

Peak export growth year Latest available data Not available YoY = change vs previous FY

Key Trade Insights: HSN Sub-Chapter 8430 Export-Import Analysis

Consistent Export Growth: 4.80% CAGR Over 7 Years

India's exports under HSN Sub-Chapter 8430 have grown at a compound annual rate of 4.80% over 7 fiscal years, rising from ₹1,473.41 Crore in FY 2018-19 to ₹1,952.31 Crore in FY 2024-25.

HSN Sub-Chapter 8430 Ranked #275 Among All 1233 Subchapters by Export Value

In FY 2024-25, HSN Sub-Chapter 8430 ranks #275 out of 1233 subchapters by total export value. Within Chapter 84, it ranks #30 of 86. By trade surplus, it ranks #952 of 1233.

FY 2023-24 Was the Strongest Growth Year for HSN Sub-Chapter 8430 Exports

The strongest single-year export movement for HSN Sub-Chapter 8430 was recorded in FY 2023-24, when exports surged by 198.97% over the prior year.

India Records a Trade Deficit of ₹999.21 Crore in HSN Sub-Chapter 8430 Goods

In FY 2024-25, India's imports of ₹2,951.52 Cr exceeded exports of ₹1,952.31 Cr, resulting in a trade deficit of ₹999.21 Crore — ranking #952 of 1233 by surplus magnitude.

Import Growth of 1.44% CAGR Signals Stable Import Dependency for Earth boring machinery

India's imports under HSN Sub-Chapter 8430 have grown at 1.44% CAGR, reaching ₹2,951.52 Crore in FY 2024-25.

HSN Sub-Chapter 8430 Contributes 0.69% of Chapter 84 Exports — Ranked #30

Among the 86 subchapters under Chapter 84, HSN Sub-Chapter 8430 ranks #30 by export value — accounting for 0.69% of the chapter's total exports in FY 2024-25. On the import side, it holds 0.54% share (rank #41).

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Frequently Asked Questions

Clear answers to common queries about HSN Sub Chapter 8430 and GST compliance.

What products are classified under HSN 8430

It includes Earth boring machinery

What are the e‑way bill and e‑invoice points while moving Earth boring machinery?

Generate an e‑way bill when the consignment value exceeds ₹50,000, unless exempted for the transaction. E‑invoicing depends on turnover (AATO threshold as notified) for B2B supplies, not on the item itself.

How are warranty replacements of Earth boring machinery handled?

If replacement is without consideration under a pre‑agreed warranty, issue a delivery challan and reference the original invoice/contract. If consideration is charged, raise a tax invoice. Keep serial/lot details for traceability.

How do I bill a kit or combo that includes Earth boring machinery?

Prefer separate lines per item with its HSN so each component follows its own tax treatment. If it is a naturally bundled supply, identify the principal supply and tax the whole bundle accordingly.

Can I claim ITC on inputs and services used for Earth boring machinery?

If your outward supply of Earth boring machinery is taxable, ITC is generally available (Sections 16–17) except blocked credits (e.g., personal use, motor vehicles in most cases). For exempt supplies, proportionate reversal is required under Rule 42/43.

Can reverse charge ever apply to transactions involving Earth boring machinery?

Reverse charge in goods is notified only for specific categories. Most regular B2B sales of Earth boring machinery are forward charge. Check the current notifications for any special cases before deciding.

Important Disclaimer

The above does not constitute professional advice or a formal recommendation. We recommend consulting a professional tax consultant before acting on the information contained in this piece of content.

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